Steem is definitely a very unique cryptocurrency model. I've been reading the white paper and trying to understand it, though it can touch on some pretty complex economics topics, and am pretty surprised at how in depth the creators of steem put on creating an economic platform with solid foundations.
Some things I find interesting:
pegging to US dollar
SUBJECTIVE proof of work
steem inflation, steem power as a "share" in the cryptocurrency and steem dollars as debt
From what I see so far and also the adoption of steemit, definitely very bullish on this platform. A big upside to this currency is better content discovery though.
Great to see you here! I've been following your videos on Youtube since I got into the crypto trading journey and having you guys support this project is awesome!
did you notice the golden cross just forming with the 50 and 200 period EMA lines on the poloniex daily chart?.. i jumped in on the strength of that... hopefully it will play out well in the long term... I guess that's the 20 day average you're using?
fingers crossed... a bit sketchy i know... if btc goes down it could all go horribly wrong... the shorter term ema crosses weren't so positive either ... but i think i'm gonna hold long term, probably bring most of it here and power up...
Thanks for the Analysis! Mentioned you today at my Report ;)
https://steemit.com/steemit/@elyaque/daily-steem-report-june-29th-steem-1-81usd-2631-new-accounts
That's what brought me here :)
Thanks for your recommendation!
Much appreciated!
Great brief chart analysis! Thanks a lot!
good analysis. could you make a video about how to use Tradingview.com?
Sure thing will try for it this weekend. Thanks
thanks.
Steem is definitely a very unique cryptocurrency model. I've been reading the white paper and trying to understand it, though it can touch on some pretty complex economics topics, and am pretty surprised at how in depth the creators of steem put on creating an economic platform with solid foundations.
Some things I find interesting:
From what I see so far and also the adoption of steemit, definitely very bullish on this platform. A big upside to this currency is better content discovery though.
Thanks for the info, very useful.
Big fan. I think r/ethtrader could learn a thing or 2 from you. But they hate TA like its cancer so im not sure how well they would take it
thnaks for sharing
i follow you
Thanks machour, looking forward to getting into the community here.
Great to see you here! I've been following your videos on Youtube since I got into the crypto trading journey and having you guys support this project is awesome!
Thanks again for the work!
Thank you, glad to be here and glad the content has been helpful.
What a coincidence, I just joined steemit, checked your vids and this is the first vid I watch
Nice to see you! Thanks for the watch.
followed you guys from youtube. nice to be part of a new and exciting community. thanks for sharing!
Glad to see the switch. Worth the potential opportunity. Thanks
did you notice the golden cross just forming with the 50 and 200 period EMA lines on the poloniex daily chart?.. i jumped in on the strength of that... hopefully it will play out well in the long term... I guess that's the 20 day average you're using?
That is not a trade signal I use for entry. Tells longer term trends well but an actionable trade in my opinion. Hope it works out regardless!
fingers crossed... a bit sketchy i know... if btc goes down it could all go horribly wrong... the shorter term ema crosses weren't so positive either ... but i think i'm gonna hold long term, probably bring most of it here and power up...